Brokeback Market

RiskReversal Pod

RiskReversal Media

News, Business, Investing, Business News

4.6 • 757 Ratings

🗓️ 22 December 2023

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Dan Nathan, Danny Moses and Guy Adami discuss market sell-offs, 0DTE options and the state of the consumer through the lens of 'Buy Now, Pay Later" Key Insights from the Pod: The brief market sell-off (2:00) Zero Days to Expiration (0DTE) Options (7:15) Overbought conditions (10:00) Interest rates/yield curve/Fed (read: Wall Street’s Economic Doomsayers See US Recession Around Corner) (13:15) Danny rants on Quantitative Tightening & Quantitative Easing (21:00) Americans May Be Taking On Too Much Pay-Later ‘Phantom Debt’ (Affirm, CarMax, WalMart) (25:20) What comes next for the market (30:30) Danny’s NFL picks (33:20) — About the Show: On The Tape is a weekly podcast with CNBC Fast Money’s Guy Adami, Dan Nathan and Danny Moses. They’re offering takes on the biggest market-moving headlines of the week, trade ideas, in-depth analysis, tips and advice. Each episode, they are joined by prominent Wall Street participants to help viewers make smarter investment decisions. Bear market, bull market, recession, inflation or deflation… we’re here to help guide your portfolio into the green. Risk Reversal brings you years of experience from former Wall Street insiders trading stocks to experts in the commodity market. — Check out our show notes here Learn more about Ro body: ro.co/tape See what adding futures can do for you at cmegroup.com/onthetape. — Shoot us an email at [email protected] with any feedback, suggestions, or questions for us to answer on the pod and follow us @OnTheTapePod on Twitter or @riskreversalmedia on Threads — We’re on social: Follow @GuyAdami on Twitter Follow Danny Moses @DMoses34 on Twitter Follow Liz Young @LizYoungStrat on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page The financial opinions expressed in Risk Reversal content are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on Risk Reversal. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in Risk Reversal carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to the On Ata tape podcast, Guy Adami.
0:04.1	Always joined by Dan Nathan and Danny Moses.
0:07.3	Today, the penultimate podcast of the year.
0:10.7	If you don't know what it means, go to your Google machine.
0:12.6	We're going to talk about a little PCE because why not?
0:15.1	These zero days to expiry options, China, Taiwan, by the way, it ain't just me talking about it. Apparently, President
0:21.9	Xi and President Biden spoke about it a couple weeks ago. What do I know? Some economic data.
0:28.5	Danny's got his stuff. How are you, Dan Nathan? I'm doing a pen ultimate. So that's second to last.
0:34.4	Is that what we have going on here? Danny, did you know that Penn Ultimate? That's
0:37.6	like a good essay. I did. The way that he said it, I figured it out quickly. I could put that
0:40.8	puzzle together. Yeah, we're happy birthday again. Well, thank you. I appreciate that. And,
0:45.2	you know, Wednesday of this week, Dan, we saw something extraordinarily interesting and rare
0:50.6	happened. Mark, it actually sold off. and it sold off in a rather aggressive way and
0:56.7	Danny has some thoughts on that. There's been some work done over the last couple days trying to
1:00.7	explain it. But you know what? We're right back. I mean, we're right back here. I mean, it makes you
1:05.3	think of certain things. Well, I know. I mean, like, you know, Danny, we have this like really sharp and
1:09.3	no one can put their finger out. There was no tape bomb. There was nothing, you know, Danny, we have this like really sharp and no one can put their finger out. There was no tape bomb.
1:11.6	There was nothing, you know, fundamental that was out there, right?
1:14.6	And when you see the S&P reversed from being green on the day, I think it was like the 10th up day in like 11 or something like that.
1:21.6	In an eight consecutive week rally, right?
1:24.6	So we know there's not too many more trading days. We know that we've just
1:27.6	defied a lot of logic and gravity at this point. To see that sort of intraday reversal,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from RiskReversal Media, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of RiskReversal Media and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.